Which of the following contributions is allowed as a charitable contribution deduction?
A)Lost income associated with rent-free use of a taxpayer's property by a qualifying charity
B)Unreimbursed expenses incurred by the taxpayer in rendering services to a qualifying charity
C)The value of time or services rendered to a charitable organization
D)All of the above
E)None of the above

Question

Quizplus · Accepted Answer

Only unreimbursed expenses incurred by the taxpayer in rendering services to a qualifying charity are allowed as a charitable contribution deduction. Lost income associated with rent-free use of a taxpayer's property by a qualifying charity and the value of time or services rendered to a charitable organization are not deductible contributions.

Which of the Following Contributions Is Allowed as a Charitable